Which of the following best explains why Angola and Cuba experienced different economic conditions than Algeria and Belize in the late 20th century? Angola and Cuba relied on the export of oil, and their economies contracted when oil prices dropped.
Angola and Cuba’s dependence on the Soviet Union caused their economies to struggle after the Soviet Union collapsed.
Algeria and Belize were largely self-sufficient and avoided the worst effects of the global financial meltdown.
Algeria and Belize benefited from the creation of the World Trade Organization, while Angola and Cuba did not.